Issues for Chapter 7 Creditors

Protecting Secured and Unsecured Creditors in Chapter 7 Bankruptcies

After a debtor files for Chapter 7 bankruptcy, creditors must understand their rights and obligations under the bankruptcy laws. Notices, objections and arguments must be made in a manner that complies with bankruptcy laws and procedures. At Robinson, Diamant & Wolkowitz, our lawyers help creditors protect their rights during Chapter 7 bankruptcy in California.

What Can You Get Back?

The most common concern for an unsecured creditor dealing with a debtor in Chapter 7 bankruptcy is the money available to pay back unpaid debts. We will help you understand your obligations and rights after a debtor files for bankruptcy, working to protect your financial interests. We will also represent unsecured creditor committees who may not be able to seek payment independently.

Preference Litigation Defense

When a debtor makes a payment to a creditor within 90 days of filing for bankruptcy, the creditor may be a party to preference litigation. If successful, this action will force the creditor to pay back the money. We will defend your right to keep any payments received by the debtor prior to the bankruptcy.

Contesting Automatic Stays

After a debtor files for Chapter 7 bankruptcy, all debt collection action must cease. If your business has a right to recover property that is part of a bankruptcy proceeding, we will contest the automatic stay.

Protect your rights as a creditor by consulting an experienced bankruptcy attorney. For more information about your rights, call 310-277-7400 or e-mail the law office of Robinson, Diamant & Wolkowitz in Los Angeles.